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Shenzhen China Bicycle Co Holding (SZSE:000017) EBIT : ¥18.7 Mil (TTM As of Mar. 2024)


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What is Shenzhen China Bicycle Co Holding EBIT?

Shenzhen China Bicycle Co Holding's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥4.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥18.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shenzhen China Bicycle Co Holding's annualized ROC % for the quarter that ended in Mar. 2024 was 3.48%. Shenzhen China Bicycle Co Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shenzhen China Bicycle Co Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.60%.


Shenzhen China Bicycle Co Holding EBIT Historical Data

The historical data trend for Shenzhen China Bicycle Co Holding's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shenzhen China Bicycle Co Holding EBIT Chart

Shenzhen China Bicycle Co Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.06 4.71 1.43 -6.68 18.65

Shenzhen China Bicycle Co Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.33 3.25 -0.35 11.43 4.37

Competitive Comparison of Shenzhen China Bicycle Co Holding's EBIT

For the Leisure subindustry, Shenzhen China Bicycle Co Holding's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shenzhen China Bicycle Co Holding's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shenzhen China Bicycle Co Holding's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shenzhen China Bicycle Co Holding's EV-to-EBIT falls into.



Shenzhen China Bicycle Co Holding EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥18.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shenzhen China Bicycle Co Holding  (SZSE:000017) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Shenzhen China Bicycle Co Holding's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=13.108 * ( 1 - 27.18% )/( (257.833 + 290.237)/ 2 )
=9.5452456/274.035
=3.48 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Shenzhen China Bicycle Co Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=17.464/( ( (4.105 + max(234.835, 0)) + (3.864 + max(267.254, 0)) )/ 2 )
=17.464/( ( 238.94 + 271.118 )/ 2 )
=17.464/255.029
=6.85 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(196.293 + 81.916 + 15.037) - (57.695 + 0 + 0.716)
=234.835

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(226.532 + 65.54 + 17.254) - (41.112 + 0 + 0.96)
=267.254

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Shenzhen China Bicycle Co Holding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=18.689/3107.568
=0.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shenzhen China Bicycle Co Holding EBIT Related Terms

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Shenzhen China Bicycle Co Holding (SZSE:000017) Business Description

Traded in Other Exchanges
Address
No.31 Bagua Road, 501 Zhongxin Technology Building, Futian District, Bagualing, Shenzhen, CHN, 518029
Shenzhen China Bicycle Co Holding Ltd is a China-based company engaged in the manufacturing and selling of Bicycles. The company belongs to the machinery manufacture industry and mainly engages in the production and assembly of various bicycles and spare parts, components, parts, mechanical products, sports machinery, fine chemicals, carbon fiber composites material, household electrical appliance, and affiliated components. It operates in two segments: Jewelry Gold Business and Bicycle lithium battery materials & other business.
Executives
Zheng Zhong Huan Supervisors
Luo Gui You Director
Xiao Yan Supervisors

Shenzhen China Bicycle Co Holding (SZSE:000017) Headlines

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